T he US economy underperformed expectations as it added only 175,000 nonfarm payroll jobs in the month of April as the ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different ...
WASHINGTON (Reuters) - U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid. Nonfarm productivity ...
Gold prices climbed 1% on Thursday after fresh data from the Labor Department indicated that the number of Americans filing ...
The Employment Cost Index (ECI), the broadest measure of labor costs, increased 1.2% last ... closer to the Fed's 2% target. Though job growth accelerated in the first quarter, surveys including ...
US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed Friday, ...
Job growth in ... hopes that the US will be able to avoid a painful economic downturn of the kind that has often historically ...
The U.S. economy sharply disappointed economist growth estimates last quarter ... emphasizes that any hope pinned on the recent US GDP data to alleviate pressure on US government bond yields ...
Historically, annual growth in home improvement spending has averaged 5% ... Musical" and TV star Corbin Bleu will speak at ...
The reduction came after significant cost-cutting ... demand in the US economy and its impact on the interest rates. The Labor Department’s report is expected to show US job growth probably ...
concede that “slowdown in electrification” along with persistent labor and material cost headwinds encouraged the company to take a more conservative outlook towards 2024. The company’s ...